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AT CLOSING NEWS David W. MacLennan is named Chmn of the Board of Cargill. He will also remain as Pres and CEO. MacLennan succeeds Gregory R. Page who continues to serve on the board as an Exec Dir. He joined Cargill in 1991 and left MacLennan it in 2000 to become Pres of Fixed Income Capital Markets at U.S. Bancorp Piper Jaffray and returned to Cargill in 2002. In 2008 he was named Cargill’s CFO. Mississippi River Mayors announce that revenue generated by the Mississippi River is $405 billion, supporting 1.3 million jobs. Original estimates put the River’s overall impact at $200 billion and 1 million jobs. USDA, food retailers and the ag industry launch the United States’ first-ever national food waste reduction goal, calling for a 50% reduction by 2030. The federal government will lead a partnership with charitable organizations, faith-based organizations, the private sector and local, state and tribal governments to reduce food loss and waste in order to improve overall food security and conserve natural resources. AGCO opens a new manufacturing base in Changzhou, China. The new site will serve both domestic and export markets with its professional products and covers a total area of nearly 200,000 square meters. The company aims to gradually reach an annual capacity of 20,000 tractors, 30,000 engines and 40,000 rear axles and transmissions, and further promote the localization of product manufacturing in China. To date, AGCO has invested $300 million in China’s factories. Bayer reorganizes into three business divisions and will focus its efforts on Life Sciences: Pharmaceuticals, Consumer Health and Crop Science. Heads of the divisions — Dieter Weinand (Pharmaceuticals), Erica Mann (Consumer Health) and Liam Condon (Crop Science) — are appointed to the Board of Management. Dr. Hartmut Klusik also joins the Board of Management as the new Labor Dir and Board member. Bayer HealthCare subgroup will be dissolved. Gonzalo Ramirez Martiarena is named CEO of Louis Dreyfus Commodities. He had been Head of the Asian Region. Martiarena joined Louis Dreyfus Commodities in 2005 after nearly 15 years at grains trader Nidera. Ramirez Martiarena Monsanto pledges $1 million to help create a state-of-the-art soils lab at the University of Illinois’ Turner Hall. The Turner Hall Transformation Project has met 80% of its fundraising goal of $5 million. Illinois Farm Bureau Pres, Richard Guebert, Jr., and Missouri Farm Bureau Pres, Blake Hurst, each The USDA and Department of Defense announce the integration of agriculture into the career training and counseling programs Service members will receive as they transition out of the military. The partnership will help ensure that returning Service members know about the incentives for military veterans in USDA programs, and the many ways USDA can support military veterans and their families, from farm loans to conservation programs to nutrition assistance to rural rental housing and homeownership opportunities. Since 2009, USDA has provided $438 million in farm loans to help more than 6,482 veterans purchase farmland, buy equipment and make repairs and upgrades. AM